Captain-Trading

Gold price today fluctuates downward

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello dear traders. Today, the price of gold has experienced a slight fluctuation compared to the same time yesterday, dropping by $9.4 to reach $1,916.5 per ounce. The price of gold is currently under pressure due to lacking supportive factors. The USD and increasing bond yields are also exerting significant pressure on gold.

In the short term, the price of gold may touch the level of 1923 and then test its support level in the future.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.